Visitors view an electric vehicle of BYD from China during the Festival of Motoring in Johannesburg, South Africa, Aug 30, 2024. [Photo/Xinhua] Chinese electric vehicle manufacturers are ramping up their push into Africa, seeking to capture a growing market with untapped potential. Chinese EV maker Neta Auto — a brand developed by EV startup Zhejiang…
In his keynote speech on Thursday advocating for China and Africa to advance modernization, Chinese President Xi Jinping stated: “We should jointly advance modernization that is eco-friendly. Green development is a hallmark of modernization in the new era.” In recent years, China and African countries have intensified cooperation in green development, and are striving to…
Oliver Zipse, chairman of the board of management at BMW AG, poses with its fuel cell vehicles at the company’s headquarters in Munich, Germany. [Photo provided to chinadaily.com.cn] BMW plans to launch its first-ever series production fuel cell electric vehicle in 2028, offering an additional emission-free powertrain option, said the German carmaker on Thursday. Oliver…
An Africa-bound freight train leaves Zhuzhou, Hunan province. CHEN SIHAN/XINHUA In a world characterized by complex challenges, China and Africa will embrace globalization and trade facilitation even more, and open up broader horizons for mutually beneficial cooperation in trade, infrastructure, agriculture and other areas, an African studies expert said. “In a unified stance against unilateralism…
Engineers of China Railway 20th Bureau Group Corp build a bridge for the Marka-Bangula Railway project in Malawi on Aug 10. CHINA DAILY With many African countries building new railroads and modernizing old railway systems to ensure the efficient transport of goods and raw materials across vast distances, China Railway 20th Bureau Group Corp, which goes…
An aerial photo of the 100 MW tower for the solar power plant project in Cape Town, South Africa, Aug 20, 2024. [Photo/Xinhua] China is willing to work with African countries to advance modernization and pursue self-reliant development, while enhancing connectivity and deepening cooperation across industrial and supply chains, the country’s top political adviser said…
Representatives from five continents visited Shanghai before attending the 2024 Legislators Forum for Friendly Exchanges. John Haslem, president of Association of Former Members of the Parliament of Australia and former Liberal Party member for the House of Representatives, hails the development of China, noting, “I saw the United States 50 years ago, I see China…
The financial district of Pudong New Area. [Photo by Gao Erqiang/China Daily] China will intensify counter-cyclical monetary measures at the aggregate level, central bank officials said on Thursday, implying room for further reductions in the reserve requirement ratio. Zou Lan, head of the Monetary Policy Department of the People’s Bank of China, the country’s central…
A view of the booth of Alibaba Group Holding Ltd during an e-commerce expo in Changsha, Hunan province. Alibaba has been offering a range of specialized training programs for African entrepreneurs. LIU XIANGJUN/FOR CHINA DAILY Chinese e-commerce platforms are investing more resources to expand their presence in Africa, helping local farmers sell their specialties, providing related…
An award to Palabora Copper from South Africa’s Department of Trade, Industry and Competition. CHINA DAILY HBIS Palabora Mining Company, a copper mine, smelter and refinery complex in the town of Phalaborwa, in South Africa’s Limpopo Province, owes its origins to a unique rock formation in the region known as the Palabora lgneous Complex. The mine…